Element Solutions Acquires EFC Gases & Advanced Materials

Frontenac Acquires EFC International

November 3, 2021

Industrial Services

Chicago-based private equity firm Frontenac has acquired EFC International, a St. Louis-headquartered value-added distributor of highly engineered fasteners and specialty components. Financial terms were not disclosed; CEO Matt Dudenhoeffer and the executive team will remain in place as Frontenac supports EFC's organic and inorganic expansion plans following a sale by prior sponsor Quad-C Management.

Technip Energies Acquires Ecovyst's Advanced Materials & Catalysts Business

January 3, 2026

Manufacturing

Technip Energies has completed the acquisition of Ecovyst’s Advanced Materials & Catalysts (AM&C) segment in a transaction reported around $556 million, bringing approximately 330 AM&C employees into Technip. Ecovyst expects net proceeds of about $530 million (using $465 million to pay down term debt), while Technip said the deal expands its catalysts and advanced materials capabilities to support sustainable fuels, circular chemistry and carbon-capture applications.

Element Materials Technology Acquires Energy Assurance

April 21, 2022

Industrial Services

Element Materials Technology has acquired Energy Assurance, a Gainesville, Georgia-based independent battery testing operator, to expand its battery testing capabilities and lab capacity in North America. The acquisition adds EA’s performance, safety, regulatory and abuse testing services (including >3,000 cycling channels and 200+ environmental chambers) to Element’s global network to support growth in EVs, energy storage and connected device markets.

Element Materials Technology Acquires National Technical Systems (NTS)

September 27, 2022

Industrial Services

Element Materials Technology has completed the acquisition of National Technical Systems (NTS) from Aurora Capital Partners. The deal expands Element's North American footprint and testing, inspection and certification capabilities across aerospace, defense, automotive, medical and connected-technology end markets.

SCF Partners Acquires Global E&C from Global Energy Group

February 15, 2023

Energy

SCF Partners has announced an acquisition investment in Global E&C (GEC), a digitally enabled engineering, maintenance and commissioning contractor headquartered in Aberdeen, from parent Global Energy Group. The investment will support GEC's growth, accelerate its digital and decarbonization capabilities, and position the business to expand its offshore and onshore energy services.

Element Solutions Inc Acquires Coventya from Silverfleet Capital

June 11, 2021

Manufacturing

Element Solutions Inc has agreed to acquire Coventya, a France-headquartered specialty chemicals manufacturer focused on surface treatment, from private equity firm Silverfleet Capital. The sale — subject to regulatory approvals and expected to close in Q3/Q4 2021 — generates a reported c.2.5x gross money multiple for Silverfleet; Coventya employs around 700 people and was forecast to generate roughly €160 million of revenue in 2021.